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Concerns rising as U.S. oil reserves decline
While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China, which, over the past couple of months, reduced its import consumption dramatically, falling from 11 million barrels of oil a day before the war to a little over nine million barrels in April. DeHaan added that those numbers could drop...
Obstacles remain for red meat exports to Canada
Canada is a top five destination for both U.S. beef and pork exports, but shipments are sometimes slowed by regulatory issues. The transition to the Public Health Information System (PHIS) was supposed to simplify this process, but that has obviously not been the case...
Iowa crop progress and condition report
Iowa Secretary of Agriculture Mike Naig commented on the Iowa Crop Progress and Condition Report released by the USDA National Agricultural Statistics Service. The report is released weekly April through November. Additionally, the Iowa Department of Agriculture and...
How are conservation practices handling floods?
When we talk about conservation projects for our fields, we are often sold on what it can do to clean up the water and prevent soil erosion by wind and water. As we have witnessed through the spring and early summer, large amounts of rain have fallen across much of...
Navigating the biological marketplace
Biologicals are among the many new tools farmers can use on their farms. But with any new products, it’s important to make sure you’re getting something of a high quality that will provide the maximum benefit for your farm. Jacob Parnell, head agronomist at Biome...
Real Pork Trust Consortium brings information to consumers
The Real Pork Trust Consortium is a team of academia striving to listen to and answer consumer questions about pork and pork production. Nick Gabler, an animal science professor at Iowa State University, talked about the Real Pork Consortium and what it addresses. The...
Cattle on feed report offers no clear answers on herd contraction
Overall numbers of beef cattle in the United States remain historically low. The USDA published the latest Cattle on Feed report on Friday but the report did not clear up the future of the cattle herd. The latest Cattle on Feed report from USDA shows that placements...
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CLAAS innovating its forage technology to celebrate 50 years
This year marks 50 years of the CLAAS JAGUAR forage harvester, and they have spent the year celebrating by continuing to innovate. Next year will bring even more improvements, with an earlage adapter and an enhanced chopping drum. Daryl Theis, head of sales and...
How long will this time of low crop profit margins continue?
USDA is projecting that 2024 will be the second straight year of falling crop prices and slim profits. How long should farmers expect this trend to continue? USDA Chief economist Seth Meyer says that to break out of this negative pattern, the United States ag markets...
John Deere announces more Iowa layoffs
John Deere has another round of layoffs scheduled at its plant in Iowa. The facility in Waterloo Works, Iowa, is the company’s largest plant. The state’s Worker Adjustment and Retraining Notification, or WARN, website says the company will lay off more than 100...
House hearing focuses on improper labeling of dairy products
The Food and Drug Administration performs the critical task of providing consumers with clear nutritional information by enforcing labeling standards, but there is still work to be done on the misuse of terms on labels. Wisconsin Senator Tammy Baldwin said she’s...
Settling into a long-term period of low commodity prices
It’s no surprise to you that market prices for grains are low. They’re nowhere near what we enjoyed a few years ago. Many factors are driving this situation, but understanding them doesn’t necessarily make it any easier. The main question I Have been hearing farmers...
